ACCOUNTING AND FINANCE

MODULE
Important functions of accounting and finance which have been covered in
Searle:

•Chart of Account

• Financial Statements

• Purchase Order

• Display Invoice
 CHART OF ACCOUNTS

 Displays all the general ledgers of the company

 It includes the company’s:

• codes
• names
• account numbers

 Searle manages chart of accounts in to some categories and provides each

an account number. With the help of this, Searle manages its accounts
efficiently.
 FINANCIAL STATEMENTS
• Searle prepare its financial statements with the help of SAP software

• SAP software provides all the accounts and gather data from all the
departments and modules

• In this accounting and finance module, Searle’s current financial

conditions will come to know their standings with the financial point of
view.
 PURCHASE ORDER
• It is record which a purchaser issues to dealer showing the costs of the
transactions

• Searle’s purchase order includes several factors which are:

o Vendor Name
o Purchase organization and group
o Total Cost
o Address
o Quantity
o Price
 DISPLAY INVOICE
• Searle also generates invoices for their customers

• Invoice includes amount, tax amount, posting dates, payment terms and
other details